London-Based Global Investment Firm Partners Capital Opens Dallas Office

Partners Capital, with over $60 billion in assets under management, said its new Dallas office reinforces its long-standing commitment to local endowments, foundations, family offices, and private clients.

London-headquartered global investment firm Partners Capital has opened a new office in Dallas, the firm’s fourth in the U.S, and eighth globally.

Partners Capital, with over $60 billion in assets under management, said the Dallas office reinforces its long-standing commitment to local endowments, foundations, family offices, and private clients. The Dallas office will be led by Olivia Newell, head of Texas, alongside Partners Capital’s co-founder and Vice Chairman Paul Dimitruk.

“We’re delighted to be opening an office in Dallas and deepening our relationships with our Texas-based clients and investment partners,” CEO Arjun Raghavan said in a statement. “Texas is a dynamic and thriving market and an important pillar of our U.S. and global strategy. Our team has been building our presence in Texas, recognizing the growing demand for highly tailored portfolio solutions and access to what we see as the highest quality managers across each asset class. This expansion is an exciting milestone as we continue to bring our world-class solutions to investors in new markets.”

The firm said its new Dallas office reflects its response to increasing demand from regional private and institutional investors seeking broad-ranging investment and outsourced chief investment officer (OCIO) solutions.

Partners Capital manages more than $30 billion in assets for U.S. clients, including educational endowments, prestigious foundations, family offices, and private clients, offering customized investment solutions spanning diverse asset classes.

Texas and Dallas office leadership

Texas is an important strategic focus for Partners Capital, the firm said, boasting the eighth-largest economy in the world, valued at over $2.6 trillion.

The largest cities in the state—Houston, Dallas, San Antonio, and Austin—rank among the fastest-growing urban economies in the Western Hemisphere and have become prominent hubs for the energy, healthcare, life sciences, aerospace, and investment sectors, Capital Partners noted.

Newell joined Partners Capital in 2019 as a member of the firm’s investment team and works closely with several of the firm’s largest institutional and high-net-worth clients. Dimitruk co-founded Partners Capital in 2001 and oversees several of its largest client relationships.

Partners Capital said that together, Newell and Dimitruk will lead the firm’s OCIO business in Texas, supported by the firm’s global platform and 256-strong investment and client relations team.

Founded in 2001, Partners Capital employs more than 380 people across its eight offices located in Boston, New York, Dallas, London, San Francisco, Paris, Singapore, and Hong Kong.


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